Invesco QQQ Trust, Series 1 QQQ
Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
Jump To Section
$
No daily data currently available, please try a different date or time range.
About
Invesco QQQ Trust, Series 1 (QQQ) Investment Strategy and Portfolio Holdings Overview
Managed by Invesco, the Invesco QQQ Trust, Series 1 functions as an exchange-traded fund (ETF) that commenced operations on March 10, 1999. Its design specifically aims to replicate the overall financial performance, encompassing both capital appreciation and dividend income, of the NASDAQ-100 Index.
Key Insights
Invesco QQQ Trust, Series 1 (QQQ) Essential ETF Metrics and Performance Data
Average Daily Volume
43,291,413 Shares52-Week Range
$551.68-$748.65Total Outstanding Shares
658.25 Million SharesInception Date
March 10, 1999Website
http://www.invesco.com/portal/site/us/investors/etfs/product-detail?productId=QQQ